The author predicts that the global dialysis market will grow at a CAGR of 5.0% during the forecast period 2019-2024. The market is classified into different procedure categories: hemodialysis and peritoneal dialysis and by product types: equipment, consumables, and services. The adoption of hemodialysis or peritoneal dialysis is mandated for a person suffering from chronic kidney diseases. The device is popular in all healthcare facilities and the increased use of dialysis machines have bought a significant clinical purpose for treating ESRD. The hospital and other healthcare facilities have separate dialysis units. Similarly, other care centres are propelling with cost-effective dialysis machines and supplies.
Dialysis market is driven by innovative and advanced technologic medical devices that have applied to the dialysis machine. The introduction of new generation sensors, components, and single-chip solutions components have made a significant impact on the design and structure of the dialysis machine. Most of the manufacturers have a high focus on patient and operator parameters as this machine is highly regulated and certified based on safety parameters. This is further been regulated by regularity bodies such as FDA, CE, and CDSCO, which has imposed huge challenges for the medical device manufacturers. Further, the market is expected to see significant growth with an increase in diseases patterns and new wave in the innovation in dialysis.
Segmentation by Procedure Types:
- Peritoneal dialysis
Segmentation by End-users:
- Dialysis centres
Segmentation by Regions:
- North America
In terms of regional analysis, the market is dominated by North America due to advancements in technology, the presence of leading vendors, an increase in regulatory reforms, and changes in reimbursement policies. Europe is followed by North America and has similar potential in growth and development. APAC is the most focused and fastest growing region due to vast opportunities for vendors to establish their presence. The factors such as the presence of a large pool of chronic patients, increasing ageing population, support from the government, and health & wellness programs are expected to boost the market growth. APAC, Latin America, and RoW are the most focused and fastest growing regions due to vast opportunities. Moreover, most of the countries in these regions are focusing on increasing healthcare expenditure from the government as there is excess growth in medical technology in Brazil, China, India, Mexico, Indonesia, Iran, South Korea, Nigeria, and South Africa.
The competition among leading vendors is due to the availability of a wide range of dialysis machines with different brand names in the market. This provides an opportunity for healthcare consumers (dialysis services facilities) to choose products based on brand, price, features, model, and discount. Most of the vendors are focusing on providing bundling product models for increasing their sales and having a larger market share in terms of revenue. Many vendors have established their market presence globally and focus strongly on marketing and selling their products by competing with small and regional vendors. Therefore, the competition among the vendors is expected to hinder the market growth, yet the market will have more products developed and launched. Most of the vendors are primarily focusing on research and development to offer fast technological progress. Manufacturers including major and mid-sized companies in the dialysis market are competing with newer products, advanced features, quality, safety, and efficacy.
The competition is growing among the healthcare service providers – hospitals, dialysis centres, and other healthcare facilities where the customer groups are being consolidated for purchasing products. Diversified product portfolio companies, large volume product buyers (hospitals), and primary competitors (single product manufacturers) have strong market positions in certain segments and regions due to their wide range of products and services they offer. New competitors, especially from Asia, are also taking the competition to a new high with quality, safety, and efficacy of the product over the past few years.
- Fresenius Medical Care AG & Co. KGaA
- Baxter International, Inc.
- DaVita Inc.
- Nipro Corporation
- B. Braun Avitum AG
- Diaverum Deutschland GmbH
- Nikkiso Co. Ltd.
- NxStage Medical, Inc.
Key Competitive Facts:
- The market is highly competitive with all the players competing to gain the market share. Intense competition, rapid advancements in technology, frequent changes in government policies, and the prices are key factors that confront the market.
- The requirement of high initial investment, implementation, and maintenance cost in the market are also limiting the entry of new players.
- Responding to competitive pricing pressures specific to each of our geographic markets.
- Protection of proprietary technology for products and manufacturing processes.
The report provides complete details about the usage and adoption rate of dialysis systems. Thus, the key stakeholders can know about the major trends, drivers, investments, vertical player’s initiatives, and government initiatives towards the medical devices segment in the upcoming years along with details of the pureplay companies entering the market. Moreover, the report provides details about the major challenges that are going to impact market growth.
Additionally, the report gives complete details about the key business opportunities to key stakeholders in order to expand their business and capture the revenue in specific verticals and to analyze before investing or expanding the business in this market.
- Understanding the potential market opportunity with precise market size and forecast data.
- Detailed market analysis focusing on the growth of the dialysis industry.
- Factors influencing the growth of the dialysis market.
- In-depth competitive analysis of dominant and pure-play vendors.
- Prediction analysis of the dialysis industry in both developed and developing regions.
- Key insights related to major segments of the dialysis market.
- The latest market trend analysis impacting the buying behaviour of the consumers.
1 Industry Outlook
1.1 Medical Devices Industry
1.1.3 Medical Technologies
1.1.4 Industry Trends
1.2 Healthcare Spending
1.3 Regulatory Bodies & Standards
1.4 Reimbursement Scenario
1.5 Emerging Global Markets
1.6 Patient Demographics
1.7 Definition: Dialysis
1.7.1 Why Dialysis?
1.8 Healthcare Spending in the US
1.9 PESTLE Analysis
2 Report Outline
2.1 Report Scope
2.2 Report Summary
2.3 Research Methodology
2.4 Report Assumptions
3 Market Snapshot
3.1 Total Addressable Market (TAM)
3.2 Segmented Addressable Market (SAM)
3.3 Related Markets
3.3.1 Medical Imaging Devices
3.3.2 Medical X-ray Equipment
3.3.3 MRI Equipment
3.3.4 Mammography Devices
3.3.5 Healthcare X-ray Detectors
3.4 Porter 5 (Five) Forces
4 Market Characteristics
4.1 Market Segmentation, By Procedure Type
4.1.2 Peritoneal Dialysis
4.2 Dialysis Market, By Product Type
4.2.1 Types of equipment
5 Market Dynamics
18.104.22.168 Increase incidence of chronic kidney disease
22.214.171.124 Rise in number of chronic diseases causing kidney failure
126.96.36.199 Increase in the number of dialysis centres
188.8.131.52 Growing ageing population
184.108.40.206 High cost of dialysis
220.127.116.11 Complications of dialysis
18.104.22.168 Inadequate reimbursement in developing countries
22.214.171.124 Intense competition among vendors
126.96.36.199 Technological advancement – dialysis machines
188.8.131.52 Lucrative growth opportunity in emerging markets
184.108.40.206 Introduction of user-friendly and cost-effective dialysis systems
220.127.116.11 Rise in demand for portable dialysis machine
5.1.4 DRO – Impact Analysis
5.2 Key Stakeholders
6.3 Specialty Centers
6.4 Others (Nursing Homes and Clinics)
7.1.1 North America
18.104.22.168 Market overview
22.214.171.124 Market overview
126.96.36.199 Market overview
7.1.4 Rest of the World
188.8.131.52 Market overview
8 Competitive Landscape
8.1 Competitor Comparison Analysis
9 Vendor Profiles
9.1 Baxter International Inc.
9.2 B. Braun Melsungen AG
9.3 Davita Medical Group
9.4 Fresenius Medical Care
9.5 Nipro Corporation
10 Companies to Watch for
10.1 Medtronic plc (Covidien plc)
10.2 Nikkiso Co.,Ltd
11 Other Vendors
List of Tables
Table 1 Medical Devices By Category
Table 2 Top-Listed Medical Devices Company 2018
Table 3 Global Dialysis Market By End-Users
Table 4 Global Dialysis Revenue By Regions Forecast, 2019–2025 ($Billion)
Table 5 Business Summary: Baxter International Inc
Table 6 Business Summary: B Braun Melsungen Ag
Table 7 Business Summary: Davita Medical Group
Table 8 Business Summary: Fresenius Medical Care
Table 9 Business Summary: Nipro Corporation
Table 10 Business Summary: Medtronic Plc
Table 11 Business Summary: Nikkiso
Table 12 Business Summary: Medivators
List of Charts
Chart 1 Global Medical Devices Market Segmentation
Chart 2 Third-Party Reimbursement And Coverage In Medical Device Industry
Chart 3 Imperatives Of Emerging Markets
Chart 4 Pestle Analysis Of Dialysis Market
Chart 5 Research Methodology Of Global Dialysis Market
Chart 6 Dialysis Market Outlook
Chart 7 Global Dialysis Market Revenue, 2018–2025 ($Billion)
Chart 8 Opportunity Analysis
Chart 9 Porters 5 Forces On Dialysis Market
Chart 10 Global Dialysis Market Segmentation
Chart 11 Global Dialysis Market 2018 And 2025
Chart 12 Global Dialysis Market Overview By Products 2018 ($Billion)
Chart 13 Global Hemodialysis Market Revenue, 2018–2025 ($Billion)
Chart 14 Global Peritoneal Dialysis Market, 2018–2025 ($Billion)
Chart 15 Global Dialysis Market By Product, 2018–2025 ($Billion)
Chart 16 Global Dialysis Market Segmentation By Product, 2018–2025 (%)
Chart 17 Global Dialysis Market Segmentation
Chart 18 Global Dialysis Market Segmentation In 2018 (%)
Chart 19 Market Dynamics – Drivers, Restraints & Opportunities
Chart 20 World Population Aged 65 Years And Above, 1960–2060 (%)
Chart 21 DRO - Impact Analysis Of Dialysis Market
Chart 22 Key Stakeholders
Chart 23 Global Dialysis Market By End-User Segmentation, 2018 (%)
Chart 24 Global Dialysis Market By Geographical Segmentation, 2018 And 2025 (%)
Chart 25 Global Dialysis Market Overview By Regions 2018 ($Billion)
Chart 26 Dialysis Market Revenue In North America, 2018–2025 ($Billion)
Chart 27 Dialysis Market Revenue In The Europe, 2018–2025 ($Billion)
Chart 28 Dialysis Market Revenue In The APAC, 2018–2025 ($Billion)
Chart 29 Dialysis Revenue In The Rest Of The World, 2018–2025 ($Billion)
Chart 30 Global Dialysis Market Segmentation By Geography, 2018–2025 ($Billion)
Chart 31 Global Dialysis Market Segmentation By Geography, 2018–2025 (%)